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Leading FMCG companies including Nestlé, Kellogg Company, Danone, Mars and Unilever have formed a new coalition aimed at protecting and restoring biodiversity within their supply chains and product portfolios. The One Planet Business for Biodiversity (OP2B)…
Nestlé South-East Asia posted solid growth last year underpinned by double-digit growth in Vietnam. The growth was based on strong momentum gained by five of its biggest brands, MILO, NESCAFÉ, MAGGI, NAN and Nestlé itself. This year, the Swiss giant plans to…
FMCG major Nestle India has lined up nearly two-three dozen products that it plans to launch in calender year 2019 across categories in the country to drive its aggressive growth plans, Chairman and Managing Director Suresh Narayanan said. According to a…
Nestlé has adopted Workplace by Facebook as its global internal communication tool, to connect its workforce and better serve consumers. The announcement comes as the latest and largest wave of staff join the platform, part of a process that began only nine…
Alibaba has committed to help import US$200 billion worth of goods from more than 120 countries over the next five years. The company says the move underscores its long-term commitment to globalisation and boosting its efforts to meet the rising demand of…
Nestle (Malaysia) Bhd’s net profit for the third quarter ended September 30, 2018 rose 15.7% to RM137.69 million from RM119.01 million a year ago, underpinned by higher sales on the back of strong marketing and promotional activities. Revenue for the quarter…
One of the largest beverage makers in the world is hoping to ‘capture’ Vietnamese taste with its new canned coffee product. Coca-Cola, one of the two biggest players in the Vietnamese carbonated beverages market, has entered the canned coffee market with…
Nestle Japan has opened a permanent made-to-order Kit Kat store in Osaka. The new specialty store is the first and only permanent location in Japan where personalised Kit Kats can be made. It offers customised creations chilled on-the-spot with liquid…
Nestle (Malaysia) Bhd is selling its chilled dairy business – which retails the Bliss brand of yogurt drinks, in Malaysia, Singapore and Brunei – and its Petaling Jaya factory, to Lactalis Manufacturing Malaysia Sdn Bhd for RM155.3 million, as part of plans…
Alois Hofbauer will be stepping down as Nestle (Malaysia) Bhd CEO effective Nov 30. Nestle said in a statement that Hofbauer’s departure is to pursue other interests outside the group. Hofbauer will be succeeded by Juan Aranols, currently CFO for the Nestle…
Nestle has opened a pop-up bar in Tokyo to mark today’s release of its new sake-flavoured Kit Kat bar. “Craft Sake Week @Kit Kat Bar” has been offering visitors a preview of the new Umeshu Plum Sake-flavoured chocolate bar paired with cocktails. The space is…
Nestlé and Starbucks Corporation announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. Through the alliance, the two…
Nestle (Malaysia) Bhd’s net profit for the second quarter ended June 30 rose 2.93% to RM166.16 million from RM161.44 million a year ago due to higher margin. In a filing with Bursa Malaysia, the company said its gross profit margin increased by 10 basis…
FMCG major Nestle India has reported 49.95 percent jump in net profit at Rs 395.03 crore for the second quarter ended June 30, helped by lower expenses. According to a PTI report: The company, which follows January-December financial year, had posted a net…
Nestle is to pay Starbucks US$7.1 billion for the global rights to sell and distribute Starbucks products outside cafes. The Starbucks rights deal includes Seattle’s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia packaged…
Nestlé may have struck gold with the release of a new type of Kit Kat made using special “ruby” cacao beans. The new flavor, Kit Kat Chocolatory Sublime Ruby, was launched in select stories in Japan and South Korea on 19 January 19 2018 and shows signs of…
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